Welcome to MOVEHUT News. Here you will find the latest news from the commercial property sector. We list our commercial property news in easy to find sections to help you find the articles you want to read. You can filter our articles by categories, recent post, archives and tags.
With demand rising for outside area amongst home hunters, traditional requirements like a contemporary kitchen, open-plan spaces, and clever storage have started to wane. Your garden is currently your most significant selling point, so time to give it care and love! Buyer requirements have shifted because of the pandemic. The attraction... Read More
The French Riviera is temping high-end seekers from the UK capital, according to the latest market evaluation from a high-net-worth mortgage broker, Enness Global. Newly released data from the firm shows that now, prime property sales of £3 million and upwards account for 4% of London properties, with some 2,679 listed for sale. Data... Read More
Owning the freehold on business premises means that you own the property and the land it occupies. If you’re a leaseholder, however, you only have the right to use the premises for the period of time specified in the lease. When selling a business, ownership rights of a commercial property are a key area of focus, and can have an impact... Read More
The health risk posed by the coronavirus pandemic prevents commercial vendors from presenting vacant office premises to prospective tenants and commercial property buyers from attending viewings. As this pushes the market to a standstill, commercial property agents can shape the behaviour of consumers by offering safer ways to visit... Read More
Confidence in commercial real estate is on the increase across the Asia-Pacific area, with 2021 set to watch a 5% to 10% growth in investment, according to CBRE's latest Asia-Pacific Investor Intentions Survey. The poll conducted late last year asked over 450 mainly Asia-Pacific based investors a variety of questions on their purchasing... Read More
The United Kingdom property market softened greater than anticipated in January as RIC's surveyors reported a fall in enquiries from potential homebuyers for the first time in eight weeks. The most recent signal the imminent end of the stamp duty vacation is weighing on demand. Closely watched indices of housebuyers interest, in addition... Read More
BNP Paribas cautioned investors on Friday as debt-trading bonanza that increased its earnings this past year was not likely to continue while signalling the worst of worldwide coronavirus catastrophe was over for its loan book. However, the eurozone’s largest listed bank struck a more optimistic note for 2021, saying it expected... Read More
A 12% drop in property sales in 2020 compared to 2019. Mortgage issues and sudden survey findings are typical factors. Even though the U.K. real estate market was buoyant for much of 2020, thousands and thousands of prospective home movers nevertheless saw their buys fall through. A total of 306,198... Read More
For the first time, the average house in the capital surpassed £500,000, bringing misery for first-time buyers in London and cheer to current homeowners. London house prices are at an average of £513,997, which is more than double the UK (United Kingdom) level. London Borough of Kensington... Read More
The UK can expect a faster and sooner rebound according to the Bank of England chief economist. According to Andy Haldane, the Bank of England chief economist the UK economy is heading for a "V-shaped" recovery after a faster-than-expected rebound from the COVID-19 lockdown. Mr Haldane said early evidence suggested that the UK... Read More
The team at Movehut.co.uk have been looking at some of our favourite landmarks in the UK and identified some of the most expensive commercial properties on the market that have a view of them. Big Ben - Westminister, SW1. £55,000 PCM The citizens of London have been taking their time from Big Ben since 1859... Read More
Local authorities fear that funding does not meet the needs of all workspace businesses that are eligible for government grants. Business group leaders and local authorities fear that thousands of small companies will not be able to secure emergency government grants meant to aid them through coronavirus lockdown because too... Read More
The United Kingdom's second-largest airline, British Airways announced yesterday evening that it was set to cut 12,000 jobs due to the coronavirus pandemic. As the travel and leisure market carries on being battered by the coronavirus, British Airways parent company, IAG, said it had to place a “restructuring and... Read More
Netflix, the media entertainment streaming service has seen a record increase in new subscriptions as the UK national lockdown and social distancing measures continue. The streaming platform reported during the first quarter it added 15.8 million new customers taking the total number of subscriptions to 182.9 million at... Read More
The UK furlough scheme which aims to keep employees on payroll through not working due to the Covid-19 crisis has gone live. In an interview with the BBC’s Today programme, the boss at HMRC, Jim Harra, said that more than 67,000 claims from businesses had been made within the first 30 minutes of the... Read More
The US coronavirus lockdown has meant millions of Americans have lost their jobs, with more than 16 million submitting unemployment claims. Amazon, the online retailing giant has encouraged those who have become unemployed to take up their 75,000 job vacancies. This comes as the company has seen a significant increase in... Read More
The battle against COVID-19 is proving more difficult for small and medium-sized businesses in the UK, as it has been reported, per the BBC’s Economics Correspondent, that nearly a fifth are unlikely to get the capital they need to keep going in the next 4 weeks, in spite of the government... Read More
EasyJet this morning has taken extraordinary measures in order to safeguard the company's future by grounding all flights due to the coronavirus global health emergency. This comes as the public listed company has struck a deal with trade union Unite, which... Read More
A €750 billion emergency package has been launched by The European Central Bank in order to help reduce the impact of the coronavirus pandemic. The aim of the emergency package is to purchase company and government debt around the eurozone, including countries that have been devasted by Covid-19. The scheme is only a temporary asset... Read More
Good news for commercial property landlords and landowners as Aldi maybe looking to expand in your area. An ambitious plan has been put forward today by Aldi’s boss, Giles Hurley. The company is planning to open a new store in the UK every week on average for the next two years. In order to achieve its goal, the discount supermarket... Read More
It has been reported (Per Sky News) this morning (21st May 2019) that the UK’s second-biggest steel producer will appoint administrators on Wednesday if it fails to obtain a £30 m government loan. The result of failing to gain a £30m government loan would mean that over 20,000 jobs would be at risk, however, the ripples felt by a... Read More
The world watched on Monday evening, as France’s most famous landmark was engulfed in flames. The fire began 18:30 local time, which destroyed the iconic stained-glass windows and wooden interior before the roof and spire collapsed despite the best efforts by the Parisian fire service. Fortunately, the 500 firefighters were able to... Read More
MOVEHUT news is designed to provide the latest news from the commercial property sector. Our content is divided into categories including, Commercial Sales and Lets, Commercial Developments, Worldwide Property News, Industry News and Business News.
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